GO
Loading...

Enter multiple symbols separated by commas

Morgan Stanley

More

  • *Traders face overnight shifts, early starts after UK vote. LONDON, May 6- After a five-week campaign that has left Britain's two main parties neck and neck going into Thursday's general election, London's dealing rooms are bracing for days rather than hours of uncertainty. Most famously in 1992, financial markets were so euphoric about the unexpected return of...

  • SYDNEY, May 6- A golden era of record profits and lush dividends is coming to an end for Australia's major banks, with disappointing results this week revealing a new normal of more modest earnings growth due to tougher capital requirements and a sluggish economy. Having doubled annual profits over the past five years, Australia's banks are now set to post low...

  • Australian banks' golden run over as growth plateaus Wednesday, 6 May 2015 | 1:10 AM ET

    SYDNEY, May 6- A golden era of record profits and lush dividends is coming to an end for Australia's major banks, with disappointing results this week revealing a new normal of more modest earnings growth due to tougher capital requirements and a sluggish economy. Having doubled annual profits over the past five years, Australia's banks are now set to post low...

  • LONDON, May 5- Rising expectations that Norway's central bank will cut interest rates this week pushed the Norwegian crown further away from six-month highs against the euro on Tuesday. Norges Bank kept its benchmark rate at 1.25 percent at its last meeting on March 19, surprising many in the market and sending the crown soaring. Traders said the Reserve Bank of...

  • Trading was still subdued in Europe after May day holidays in much of the region but the mood was cautious after some volatile moves in Asia overnight. "A correction is long overdue," said Li Yang, analyst at Changjiang Securities in Shanghai, pointing out the 80 percent surge in Chinese stocks over the last six months. The sell-off left MSCI's main emerging market...

  • May 4- Morgan Stanley said on Monday it could lose more than $290 million from a lawsuit by Deutsche Bank National Trust Co over the quality of about $735 million of the Wall Street firm's mortgages. Deutsche Bank in April last year filed a complaint that alleged Morgan Stanley had falsely represented the quality of the loans, the U.S. bank said in a regulatory...

  • SEOUL/ HONG KONG, May 5- The dealing rooms of Seoul's foreigners-only casinos are echoing to the sound of Mandarin as operators target a new breed of' low-roller' gamblers- Chinese shoppers. In places like Paradise Walkerhill in Seoul, Paradise Co Ltd, South Korea's biggest casino firm, is targeting people like Chen Jie Yi, a 27- year-old from Beijing on a recent tour...

  • WASHINGTON, May 4- The World Bank indirectly invests part of its $18.8 billion staff pension fund in companies in industries such as coal and tobacco, holdings that clash with the development institution's own calls for ethical and low-carbon investing. In an internal post to staff seen by Reuters, the World Bank's treasurer said around 40 percent of the fund's...

  • RPT-Shrinking liquidity exposes markets to crunch Monday, 4 May 2015 | 5:19 AM ET

    LONDON, May 1- The calm on global financial markets masks a growing threat to their smooth functioning should shrinking liquidity morph into an outright crunch in response to a U.S. interest rate rise or some other shock. Some analysts blamed the sell-off on a lack of liquidity, with Commerzbank going so far as to call it a "flash crash." Analysis from GreySpark...

  • *U.S. weekly oil rig count decline slows- Baker Hughes. SINGAPORE, May 4- Brent crude edged towards $67 a barrel on Monday, reversing earlier losses after weak Chinese data reinforced views that stimulus measures would be rolled out for the world's second largest economy. What the market really wants to see is supply being cut to match the demand level, "said Ric...

  • WASHINGTON, May 4- The World Bank indirectly invests part of its $18.8 billion staff pension fund in companies in industries such as coal and tobacco, holdings that clash with the development institution's own calls for ethical and low-carbon investing. In an internal post to staff seen by Reuters, the World Bank's treasurer said around 40 percent of the fund's...

  • Reflecting this uncertainty, analyst valuations vary widely, with Morgan Stanley predicting it may start with a market worth of A $8.5 billion and Investec around $12 billion. But if commodity prices are weak, it's going to be a bit more problematic, "said Paul Xiradis, chief executive of Ausbil Investment Management, a BHP Billiton Ltd shareholder.

  • Shrinking liquidity exposes markets to crunch Friday, 1 May 2015 | 5:13 AM ET

    LONDON, May 1- The calm on global financial markets masks a growing threat to their smooth functioning should shrinking liquidity morph into an outright crunch in response to a U.S. interest rate rise or some other shock. Some analysts blamed the sell-off on a lack of liquidity, with Commerzbank going so far as to call it a "flash crash". Analysis from GreySpark...

  • LONDON, May 1- The dollar rose against the yen and bounced from a two-month low against a basket of currencies on Friday, drawing encouragement from signs that a recent patch of soft economic data may be coming to an end. Volumes, though, were on the lower side with most of Europe shut for May Day and the focus squarely on UK manufacturing PMI and ISM manufacturing data...

  • MUMBAI, May 1- After losing top engineering talent for years to America's tech heartland of Silicon Valley, India is luring them back as an e-commerce boom sparks a thriving start-up culture, unprecedented pay, and perks including free healthcare for in-laws. "The appetite for finding engineering talent... is great," said George Kaszacs of Silicon Valley- based...

  • DETROIT, April 30- Delphi Automotive Plc Chief Executive Kevin Clark said the company could spend $1 billion to $3 billion this year on a large acquisition related to its traditional "hardware" business and will make smaller investments in software. Clark said in a Thursday interview with Reuters after the company issued first-quarter earnings that "there is a...

  • DETROIT, April 30- Delphi Automotive Plc Chief Executive Kevin Clark said that the company will likely spend $1 billion to $3 billion this year on a large acquisition related to software to enhance vehicle connectivity. Clark said in a Thursday interview with Reuters after the company issued first-quarter earnings that "there is a funnel of some larger...

  • LONDON, April 30- Many global investors have been wrong-footed by a 7 percent surge in emerging market equities in April, as stellar gains in China lifted the benchmark index to its best monthly showing since early 2012.. Shares listed on China's mainland bourses have doubled in value since September, while the dollar-denominated MSCI China index has gained...

  • *Q1 adj EBIT down 2 pct at 2.07 bln eur vs 2.0 bln poll avg. FRANKFURT, April 30- Germany's BASF expects a slide in earnings at its Wintershall oil and gas unit brought on by lower oil prices to cancel out gains at its basic petrochemicals and crop protection businesses this year. Its earnings before interest and tax, adjusted for one-off items, slipped 2 percent in the...

  • FOREX-Euro surges past $1.12 as dollar doubts grow Thursday, 30 Apr 2015 | 4:33 AM ET

    LONDON, April 30- The euro rose for a third day against the dollar on Thursday, pushing above $1.12 for the first time in two months on growing concern over the U.S. economy's prospects. With signs it will hold off on more monetary easing for the moment, the Bank of Japan also added to trend. The euro, up more than 6 percent against the dollar since April 13, pushed to a...